Forecast: Production of Textiles and Wearing Apparel in the Netherlands

The production of textiles and wearing apparel in the Netherlands stood at 3.37 Billion Euros in 2023. From a historical perspective, a notable dip occurred in 2020 with a 16.47% year-on-year decline, likely due to the COVID-19 pandemic. This was followed by a sharp recovery in 2021 with a 21.21% increase. Despite minor fluctuations, the industry has shown steady growth. From 2013 to 2023, the compound annual growth rate (CAGR) averaged at about 0.2%.

Looking ahead, forecasts suggest a consistent upward trend in the production values, with a modest 5-year forecast CAGR of 0.47%, estimated to reach 3.47 Billion Euros by 2028. The overall growth rate for this period is expected to be 2.38%.

Future trends to watch for:

• Technological advancements in textile manufacturing, enhancing efficiency and quality.
• Supply chain disruptions and their long-term impact on production.
• Sustainability efforts and the shift towards eco-friendly materials and processes.
• Consumer demand fluctuations linked to global economic conditions.
• Trade regulations and their influence on international market dynamics.